Criteo price target lowered to $36 from $40 at Benchmark

Benchmark analyst Mark Zgutowicz lowered the firm’s price target on Criteo to $36 from $40 and keeps a Buy rating on the shares ahead of the company’s Q4 report due before market open tomorrow. The firm expects a relatively in-line Q4, with a tempering of FY24 contribution ex-TAC growth expectations, the analyst tells investors in a preview.